The turnover of Bulgaria’s gray economy amounts between EUR 12 billion and EUR 13 billion per year, data of the Confederation of the Independent Trade Unions in Bulgaria show. The share of shadow economy in this country’s economy is nearly 20%, mainly in trade, agriculture and auto repair activities, the President of CITUB Plamen Dimitrov said. The gray economy kills the competition and the human rights, Plamen Dimitrov pointed out and added that the Confederation of the Independent Trade Unions in Bulgaria has made proposals for legislative amendments aimed at limiting undeclared employment and shadow economy.
Bulgaria’s consul to Sweden Stefan Stoykov has met with the eight Bulgarian sailors, members of the crew of the ship Vezhen suspected of sabotaging a Baltic Sea cable. Sweden seizes Bulgarian ship sailing under Maltese flag European..
There will be no reduction in social benefits, Minister of Labour and Social Policy Borislav Gutsanov told reporters. There is complete accord among the political forces in the ruling coalition that social benefits must be preserved and that..
Cabinet members, public figures and members of the public honoured the memory of the innocent victims of the communist regime in the country following the communist coup in Bulgaria on 9 September, 1944. February 1, Day of Remembrance and..
Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during..
On this day in 1905, 15 enthusiasts, university students, climbed the highest peak in Mount Vitosha near Sofia, in winter for the first time –..
Taxi drivers gathered at Sofia Airport in protest, blocking access to Terminal 2 for a short time on Friday afternoon. They are unhappy with the new..
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